“Consumers have embraced the reliability and convenience of digital payments in every aspect of their lives, and they want to see those efficiencies translate to their business transactions as well.” said Stephen Faust, Prepaid Technologies president.

With these newer payment options, Faust said the company anticipates even more growth in 2018, after more than 20 percent growth in 2017.

The $1.28 billion financial technology industry is growing at a rapid pace nationwide. Digital transactions grew more than 16 percent between 2016 and 2017, and Prepaid Technologies’ focus on bringing innovative solutions to business payments is helping companies of all sizes make and receive payments more efficiently, Faust said.